Forex Trend Analysis Report
Prepared for you on Friday, April 20, 2018.
Jordanian Dinar/Norwegian Krone (FOREX:JODNOK)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for JODNOK
The long term trend has been DOWN since Jan 17th, 2018 at 11.08615
The intermediate term trend has been UP since Mar 29th, 2018 at 11.07945
The short term trend has been UP since Apr 20th, 2018 at 10.98055
Smart Scan Analysis for JODNOK
Based on a pre-defined weighted trend formula for chart analysis, JODNOK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).